IDG Ventures

{{Short description|Global family of venture funds}}

{{More citations needed|date=January 2015}}

{{Infobox company

| name = IDG Ventures

| type = Private

| logo = File:IDGVENTURES-logo.PNG

| foundation = {{Sda|1996}}

| founder = International Data Group

| location = San Francisco, California, U.S.

| industry = Private equity

| aum = $6.8 billion{{when|date=August 2018}}

| products = Venture capital

| parent = IDG Capital

| homepage = {{URL|www.idgventures.com}}

}}

IDG Ventures is a global family of venture funds with approximately $3.6 billion under management. All of the funds were originally sole-source-funded by International Data Group.{{Cite web |url=https://www.bizjournals.com/boston/stories/2006/04/17/focus1.html |access-date=2023-05-05 |website=www.bizjournals.com | title=Principal Discord}}

The first fund was created by IDG in 1996 and was located in San Francisco, California. The latest San Francisco fund, formed in 2007, accepted other institutional investors in addition to IDG, which remains a major investor. In 2000, IDG started a fund in Europe; this fund is now closed. In 2001, IDG started a fund in Boston, also named IDG Ventures. The manager of the Boston fund renamed itself Flybridge Capital Partners in 2008 and is no longer associated with the IDG Ventures funds. In the 2000s, IDG started funds in Vietnam, India, and Korea. As of 2013, there are five countries with IDG funds — China, Vietnam, India, Korea and the United States (San Francisco).

In January 2017, IDG Capital and China Oceanwide Holdings Group acquired International Data Group (IDG) and its subsidiaries. IDG Capital became the controlling shareholder of IDG Ventures.{{Cite news|url=https://www.businesswire.com/news/home/20170119005600/en/China-Oceanwide-IDG-Capital-Announce-Agreement-Acquire|title=China Oceanwide and IDG Capital Announce Agreement to Acquire IDG|access-date=2018-03-18|language=en}}

Venture Capital Investments

class="wikitable sortable" style="width: 50%;"
YearCompanyIndustry
2001

| Shazam{{cite news |last1=Chinwala |first1=Yasmine |title=Shazam raises $7.5m for music recognition service |url=https://www.fnlondon.com/articles/shazam-raises-for-music-recognition-service-20010724 |access-date=12 January 2024 |work=www.fnlondon.com}}{{cite news |last1=Brandle |first1=Lars |title=U.K.’s Shazam Gets $5 Million In Funding |url=https://www.billboard.com/music/music-news/uks-shazam-gets-5-million-in-funding-1441452/ |access-date=12 January 2024 |work=Billboard |date=23 March 2004}}

| Music identification application

2008

| Aujas Networks{{cite web|url=http://techcircle.vccircle.com/2013/11/28/enterprise-security-firm-aujas-network-raises-series-b-funding-from-idg-ventures-ivycap-rajasthan-venture-capital/|title=Enterprise security firm Aujas Networks raises Series B funding from IDG Ventures, IvyCap & Rajasthan Venture Capital - Techcircle.in - India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding|date=28 November 2013 |publisher=|accessdate=17 January 2015}}

| Cybersecurity

2013

| Appboy{{cite news | last =Chapman | first =Lizette | title =Appboy Raises $15 Million to Help Businesses Improve Mobile Marketing| newspaper =Wall Street Journal| date = 2 October 2014 | url =https://blogs.wsj.com/venturecapital/2014/10/02/appboy-raises-15-million-to-help-businesses-improve-mobile-marketing/ | access-date =11 December 2014 }}

| New York City-based mobile marketing automation company

2015

| Baofeng

| Chinese online video platform{{Cite web |url=http://www.idgvc.com/en/company?year=2015 |title=Shanghai Baosteel Packaging |access-date=2015-06-18 |archive-date=2015-06-18 |archive-url=https://web.archive.org/web/20150618201818/http://www.idgvc.com/en/company?year=2015 |url-status=dead }}

2015

|Survata{{Cite web|title = Survata Surveys Investors, Raises $6 Million Series A|url = https://techcrunch.com/2015/07/20/survata-surveys-investors-raises-6-million-series-a/|website = TechCrunch|access-date = 2015-07-20|first = Connie|last = Loizos| date=20 July 2015 }}

|Market research & survey respondents{{Cite web|title = Survata Announces $6 Million in Series A Funding {{!}} Survata Blog|url = https://www.survata.com/blog/survata-announces-6-million-in-series-a-funding/|website = www.survata.com|access-date = 2015-07-20|archive-date = 2015-07-21|archive-url = https://web.archive.org/web/20150721152423/https://www.survata.com/blog/survata-announces-6-million-in-series-a-funding/|url-status = dead}}

2015

|ICrushIFlush{{cite web|title = Dating App ICrushiFlush Raises Funding From IDG Ventures|url = http://www.techinasia.in/dating-app-icrushiflush-raises-funding-from-idg-ventures/|website = Tech in Asia|access-date = 2015-07-22|archive-date = 2015-07-22|archive-url = https://web.archive.org/web/20150722224916/http://techinasia.in/dating-app-icrushiflush-raises-funding-from-idg-ventures/|url-status = dead}}

| Dating app

2015

|Aasaanjobs.com{{Cite web|url=http://www.livemint.com/Companies/bA2WbltXBqPBulAgZSPl4K/Aasaanjobs-raises-15-million-from-Inventus-Capital-Partner.html|title=Aasaanjobs raises $1.5 million from Inventus Capital Partner, IDG Ventures|date=28 January 2015}}

| Indian entry-level recruitment portal

2015

|Tripoto{{Cite web|url=http://articles.economictimes.indiatimes.com/2015-03-19/news/60286813_1_idg-ventures-india-tripoto-truly-madly-com|archive-url=https://web.archive.org/web/20150323010248/http://articles.economictimes.indiatimes.com/2015-03-19/news/60286813_1_idg-ventures-india-tripoto-truly-madly-com|url-status=dead|archive-date=March 23, 2015|title=Business News Today: Read Latest Business news, India Business News Live, Share Market & Economy News}}

| Travel portal

References

{{Reflist|30em}}